GIAC Exam GCPM Topic 7 Question 45 Discussion

Actual exam question for GIAC's GCPM exam

Question #: 45
Topic #: 7

[All GCPM Questions]

You are the project manager for your organization. Your project is doing fine on time and cost, but management wants to address the project performance for future accomplishment. Management has asked you to begin reporting and forecasting your project's health based on a moving average, extrapolation, trend estimation, and growth curve. What type of forecasting method is management asking you to use?

AEstimate at completion method

BTime series methods

CCausal/econometric methods

DJudgmental methods

Show Suggested Answer

Suggested Answer: A

by Dottie at May 08, 2024, 02:14 PM

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Ming

2 months ago

I bet management is just trying to see if we're paying attention. 'Extrapolation and growth curve' - sounds like they're trying to trick us into growing the project budget exponentially!

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Daniel

5 days ago

C) Causal/econometric methods

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Roy

15 days ago

B) Time series methods

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Theodora

17 days ago

A) Estimate at completion method

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Paulene

2 months ago

Time series methods all the way! Forecasting is like a dance, and I'm the Fred Astaire of project management.

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Mammie

9 days ago

Using time series methods will help us stay on track and make informed decisions for the future. Let's get started on implementing this forecasting method!

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Lavonna

19 days ago

I agree, time series methods use historical data to forecast future trends. It's like looking into a crystal ball for project management.

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Belen

20 days ago

Time series methods are definitely the way to go. It's all about predicting future project performance based on past data.

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Glynda

2 months ago

Judgmental methods? Is management asking me to consult my crystal ball or read tea leaves? I'll stick with the data-driven options, thank you very much.

upvoted 0 times